The median home in Drake, Colorado is valued at $490,944, down 3.3% year over year. Drake is part of the Fort Collins, CO metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Fort Collins, CO stress score, crash risk, and 12-month forecast →

Home Value$490,944

-3.3%

AFFORDABILITY

Enter your income for Drake.

Income (annual)

Down Payment

$98,189 on $490,944

Out of reach — 46.3% of income

Need $123,900/yr to afford.

PITI$2,891

P/I46.3%

Afford$297K

Gap-$194K

P&I $2,482Tax $209Ins $200

6.50% 30yr, 20% down, county tax + CO ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Colorado

Compare Drake with other housing markets across Colorado.

Aspen$3413K Cherry Hills Village$3114K Snowmass Village$2443K Telluride$2225K Bow Mar$2219K Mountain Village$2033K Vail$1721K Edwards$1700K

Full Fort Collins, CO analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Fort Collins, CO metro.

View Fort Collins, CO metro →

DRAKE, CO